Morgan Stanley plans market plus notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 10 – Morgan Stanley plans to price 0% market plus notes due Aug. 16, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

A knock-out event occurs if the index finishes below the initial level by more than the 28.35% knock-out buffer amount.

If a knock-out event does not occur, the payout at maturity will be par plus the greater of the contingent minimum return of 0% and the index return.

If a knock-out event occurs, the payout will be par plus the index return, with full exposure to any losses.

Morgan Stanley & Co. LLC is the agent with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents.

The notes will price on Feb. 12 and settle on Feb. 18.

The Cusip number is 61761JX79.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.